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Gross margin at other companies

International Business Machines logo
International Business MachinesIBM
58.4%+1.3pp
Cognizant logo
CognizantCTSH
33.5%-0.7pp
Equinix, Inc. logo
Equinix, Inc.EQIX
51.1%+1.6pp
Accenture logo
AccentureACN
32%-0.1pp
Kyndryl Holdings logo
Kyndryl HoldingsKD
21.8%+0.9pp
Rigetti Computing, Inc. logo
Rigetti Computing, Inc.RGTI
30%-20.4pp

Other financials

Income statement

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Revenue$678.1M+1.9%
Gross profit$119.1M-6.1%
Operating income-$17.8M+53.6%
Net income$8.3M+112%
EPS (diluted)$0.03+110%

Balance sheet

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Cash & equivalents$96.0M-26.8%
Total debt$3.2B-3.1%
Total equity-$1.2B-13.4%
Total assets$2.8B-6.8%

Cash flow

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Operating cash flow$5.1M-59.5%
CapEx$14.5M+74.7%
Free cash flow-$9.4M-319%

Valuation

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Market cap$1.81B-39.7%
Enterprise value$4.89B-6.3%
P/S0.7×-0.4×

Profitability

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Operating margin-3%-1.2pp
Net margin-5.4%-1.8pp
FCF margin2.8%

Returns & leverage

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Return on equity-205.2%-222pp
Debt / equity117.7×+115×
Current ratio0.7×-0.1×

Where this comes from

Calculated from Rackspace Technology, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Rackspace Technology, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rackspace Technology, Inc.'s gross margin?
Rackspace Technology, Inc. (RXT) reported gross margin of 18.5% in Q1 2026.
How has Rackspace Technology, Inc.'s gross margin changed year-over-year?
Rackspace Technology, Inc.'s gross margin decreased by 5.0% year-over-year, from 19.5% to 18.5%.
What is the long-term trend for Rackspace Technology, Inc.'s gross margin?
Over 5 years (2020 to 2025), Rackspace Technology, Inc.'s gross margin has grown at a -12.3% compound annual growth rate (CAGR), from 36.4% to 18.9%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.